InvestorsHub Logo
Followers 36
Posts 9131
Boards Moderated 0
Alias Born 08/08/2016

Re: Guido2 post# 613879

Tuesday, 06/09/2020 12:27:56 PM

Tuesday, June 09, 2020 12:27:56 PM

Post# of 795699
Zandi:

"A decade later, Freddie Mac and Fannie Mae’s actions during the coronavirus-triggered economic crisis have proven that conservatorship works well, says Zandi of Moody’s Analytics.

“If the goals are to continue to provide access to affordable mortgage loans to qualified middle-income borrowers, protect taxpayers and ensure that the housing and mortgage markets are less cyclical and also support underserved communities,” Zandi says, “it seems to me that the best way to accomplish that is precisely what we're doing now, with the [enterprises] in conservatorship.”"

https://www.forbes.com/sites/dimawilliams/2020/06/08/freddie-mac-and-fannie-mae-to-leave-government-scrutiny-what-can-mortgage-borrowers-expect/#76667d9e261e